Oppenheimer Holdings, Inc. · NYSE:OPY

Oppenheimer — Q1 2023 Earnings Presentation

10 slides from Oppenheimer's earnings presentation, 2023

  1. Slide 1: First Quarter 2023 Investor Update

    Oppenheimer Holdings Inc. First Quarter 2023 Investor Update

  2. Slide 2: Safe Harbor Statement

    Safe Harbor Statement This presentation and other written or oral statements made from time to time by representatives of Oppenheimer Holdings Inc. ("Oppenheimer” or the “company”) may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, a

  3. Slide 3: Business Overview

    Business Overview Oppenheimer is a leading investment bank and full-service investment firm that provides financial services and advice to high net worth investors, individuals, businesses and institutions. Oppenheimer Snapshot (as of 3/31/23) Listed NYSE Ticker: OPY $321.7 million $14.6 million Rev

  4. Slide 4: Summary Operating Results: 1Q-23 vs. 1Q-22 (Unaudited)

    Summary Operating Results: 1Q-23 vs. 1Q-22 (Unaudited) ($000’s) For the 3-Months Ended REVENUE 3/31/23 3/31/22 % Change Highlights Commissions $86,697 $98,321 -11.8% Gross revenue, net income, and earnings per share for the first quarter of 2023 primarily Advisory fees 100,544 115,766 -13.1% reflect

  5. Slide 5: Select Financial Measures

    Select Financial Measures Revenue ($M) Net Income ($M) 1,394.0 159.0 1,198.7 1,110.9 123.0 1,033.4 53.0 266.0 321.7 32.4 9.3 14.6 2019 2020 2021 2022 1Q-22 1Q-23 2019 2020 2021 2022 1Q-22 1Q-23 Earnings per Share ($) Shareholders’ Equity ($M) 823.9 794.2 800.4 12.57 685.5 9.73 11.70 592.7 9.30 4.10

  6. Slide 6: Segment Revenue Breakdown 1Q-23 vs. 1Q-22

    Segment Revenue Breakdown 1Q-23 vs. 1Q-22 Revenue Breakdown by Segment ($M) Pre-Tax Income Breakdown by Segment ($M) 1Q-23 Revenue $321.7M 1Q-22 $24.1 Sweep Income / Private Client Interest 90.3 $48.9 28% $54.5 1Q-23 24.0 Corp/Other 203.4 8% 4.0 63% 1% 203.4 1Q-22 $9.5 63% Asset Management 1Q-22 Rev

  7. Slide 7: Wealth Management

    Wealth Management* Well recognized brand and one of the few independent, non-bank broker-dealers with full service capabilities Retail Services Advisory Services Retail Investments  Full-Service Brokerage  Investment Policy Design &  Hedge Funds & Fund-of-Funds Implementation  Private Equity  F

  8. Slide 8: Capital Markets

    Capital Markets A leading capital markets business providing sophisticated investment banking, research and trading solutions Investment Banking Retail Services Institutional Equities Capital Markets Revenue ($M) Focus Industries  Sales and Trading  Equity Research Healthcare 626 − 35+ senior rese

  9. Slide 9: Capital Structure

    Capital Structure As of March 31, 2023 ($ in thousands) Liquidity & Capital  Stockholders’ equity of $800.4 million as of March 31, 2023 Total Assets: $2,920,207  Book value ($72.27) and tangible book value ($56.92) per share increased from the prior year period largely as a result of share repurc

  10. Slide 10: For more information contact Investor Relations at info@opco.com

    For more information contact Investor Relations at info@opco.com

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